Acquired Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2013

Acquired Intangible Assets

Acquired intangible assets consisted of the following:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Useful Life
MARCH 31, 2013
Customer relationships	$	43,770	$	(12,915	)	$	30,855		6.5 years
Licensing agreements and patents		4,095		(2,836	)		1,259		5.4 years
Completed technologies		5,570		(1,815	)		3,755		5.3 years
Trademarks		990		(237	)		753		6.0 years
Backlog		1,500		(972	)		528		1.0 years
Non-compete agreements		500		(441	)		59		5.0 years
	$	56,425	$	(19,216	)	$	37,209
JUNE 30, 2012
Customer relationships	$	26,770	$	(9,217	)	$	17,553		6.9 years
Licensing agreements and patents		4,095		(2,365	)		1,730		5.4 years
Completed technologies		5,570		(1,007	)		4,563		5.3 years
Trademarks		990		(95	)		895		6.0 years
Backlog		800		(588	)		212		2.0 years
Non-compete agreements		500		(370	)		130		5.0 years
	$	38,725	$	(13,642	)	$	25,083

Estimated Future Amortization Expense for Acquired Intangible Assets

Estimated future amortization expense for acquired intangible assets remaining at March 31, 2013 is as follows:

	Year Ending June 30,
2013	$	2,343
2014		7,797
2015		7,503
2016		7,018
2017		5,537
Thereafter		7,011
Total future amortization expense	$	37,209

Micronetics

Preliminary Estimated Fair Value of Acquired Intangible Assets

The following table summarizes the preliminary estimated fair value of acquired intangible assets arising as a result of the Micronetics acquisition. These assets are included in the Company’s gross and net carrying amounts as of March 31, 2013.

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Useful Life
Customer relationships	$	17,000	$	(1,836	)	$	15,164		6.0 years
Backlog		1,500		(971	)		529		1.0 years
Total	$	18,500	$	(2,807	)	$	15,693